REDWOOD SHORES, Calif., Nov. 21, 2016 /PRNewswire/ -- Oracle today announced that it has signed an agreement to acquire Dyn, the leading cloud-based Internet Performance and DNS provider that monitors, controls, and optimizes Internet applications and cloud services to deliver faster access, reduced page load times, and higher end-user satisfaction.
Dyn's solution is powered by a global network that drives 40 billion traffic optimization decisions daily for more than 3,500 enterprise customers, including preeminent digital brands such as Netflix, Twitter, Pfizer and CNBC. Adding Dyn's best-in-class DNS solution extends the Oracle cloud computing platform and provides enterprise customers with a one-stop shop for Infrastructure-as-a-Service (IaaS) and Platform-as-a-Service (PaaS).
"Oracle already offers enterprise-class IaaS and PaaS for companies building and running Internet applications and cloud services," said Thomas Kurian, President, Product Development, Oracle. "Dyn's immensely scalable and global DNS is a critical core component and a natural extension to our cloud computing platform."
"Oracle cloud customers will have unique access to Internet performance information that will help them optimize infrastructure costs, maximize application and website-driven revenue, and manage risk," said Kyle York, Chief Strategy Officer, Dyn. "We are excited to join Oracle and bring even more value to our customers as part of Oracle's cloud computing platform."
More information about this announcement is available at www.oracle.com/dyn.
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Oracle is currently reviewing the existing Dyn product roadmap and will be providing guidance to customers in accordance with Oracle's standard product communication policies. Any resulting features and timing of release of such features as determined by Oracle's review of Dyn's product roadmap are at the sole discretion of Oracle. All product roadmap information, whether communicated by Dyn or by Oracle, does not represent a commitment to deliver any material, code, or functionality, and should not be relied upon in making purchasing decisions. It is intended for information purposes only, and may not be incorporated into any contract.
Cautionary Statement Regarding Forward-Looking StatementsThis document contains certain forward-looking statements about Oracle and Dyn, including statements that involve risks and uncertainties concerning Oracle's proposed acquisition of Dyn, anticipated customer benefits and general business outlook. When used in this document, the words "anticipates", "can", "will", "look forward to", "expected" and similar expressions and any other statements that are not historical facts are intended to identify those assertions as forward-looking statements. Any such statement may be influenced by a variety of factors, many of which are beyond the control of Oracle or Dyn, that could cause actual outcomes and results to be materially different from those projected, described, expressed or implied in this document due to a number of risks and uncertainties. Potential risks and uncertainties include, among others, the possibility that the transaction will not close or that the closing may be delayed, the anticipated synergies of the combined companies may not be achieved after closing, the combined operations may not be successfully integrated in a timely manner, if at all, general economic conditions in regions in which either company does business may deteriorate and/or Oracle or Dyn may be adversely affected by other economic, business, and/or competitive factors. Accordingly, no assurances can be given that any of the events anticipated by the forward-looking statements will transpire or occur, or if any of them do so, what impact they will have on the results of operations or financial condition of Oracle or Dyn. You are cautioned to not place undue reliance on forward-looking statements, which speak only as of the date of this document. Neither Oracle nor Dyn is under any duty to update any of the information in this document.